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Canadian Gold Hunter Drill Programs Underway in BC

Nov 2, 2004 - 02:02 ET

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 2, 2004) - Canadian
Gold Hunter Corp. (the "Company") is pleased to announce drilling
programs on two 100%-owned, bulk-tonnage gold projects in central
British Columbia - the QCM project near Manson Creek and the Bob Creek
project south of Houston.

Drilling on the QCM property commenced on September 29th and concluded
on October 8th. Five NQ holes totaling 1,190 meters were drilled to test
a broad soil and rock gold geochemical anomaly and partly coincident IP
chargeability anomaly. These anomalies occur within strongly pyritic,
carbonate-altered and quartz-veined greywackes, which crop out over a
large area. Drilling by Anaconda in 1983 intersected 82.3 metres grading
1.0 g/t gold (i). All core was split, sampled and shipped to ALS Chemex
Labs in Vancouver for gold and multi-element analysis. Results will be
reported as one batch and should be available by mid-November.

Drilling at Bob Creek commenced on October 17th. Up to 1,000 meters of
NQ drilling are planned in four or five holes to confirm results from
earlier drill holes and to test an IP chargeability anomaly. Drilling by
Royalstar Resources Ltd., in 1989, intersected 156.1 metres grading 0.79
g/t gold, 5.4 g/t silver and 0.54% zinc on the Canyon Zone and 3.0
metres grading 23.7 g/t gold on the South Zone (i). Bob Creek represents
a large gold-silver-zinc epithermal system with both bulk-tonnage and
high grade potential. Core samples will be shipped to ALS Chemex for
assay and results will be reported as one batch when available.

(i) Please note that these are historic drill results reported before
the implementation of National Instrument 43-101.